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DRDGOLD

DB:DUB1
Snowflake Description

High growth potential with adequate balance sheet.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
DUB1
DB
$132M
Market Cap
  1. Home
  2. DE
  3. Materials
Company description

DRDGOLD Limited, a gold mining company, engages in surface gold tailings retreatment business in South Africa. The last earnings update was 36 days ago. More info.


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DUB1 Share Price and Events
7 Day Returns
-2.9%
DB:DUB1
3.1%
DE Metals and Mining
0.7%
DE Market
1 Year Returns
-
DB:DUB1
-36.9%
DE Metals and Mining
-8.7%
DE Market
DUB1 Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
DRDGOLD (DUB1) -2.9% -9.3% - - -51.9% -38.4%
DE Metals and Mining 3.1% 0.8% -8.8% -36.9% -14.2% -20.1%
DE Market 0.7% 2.2% 8.8% -8.7% 7.6% 9.7%
1 Year Return vs Industry and Market
  • No trading data on DUB1.
  • No trading data on DUB1.
Price Volatility
DUB1
Industry
5yr Volatility vs Market

Value

 Is DRDGOLD undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for DRDGOLD. This is due to cash flow or dividend data being unavailable. The share price is €0.165.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for DRDGOLD's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are DRDGOLD's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
DB:DUB1 PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in ZAR ZAR-1.88
NYSE:DRD Share Price ** NYSE (2019-03-21) in USD $2
NYSE:DRD Share Price converted to ZAR reporting currency Exchange rate (USD/ ZAR) 14.291 ZAR28.58
Germany Metals and Mining Industry PE Ratio Median Figure of 5 Publicly-Listed Metals and Mining Companies 14.68x
Germany Market PE Ratio Median Figure of 423 Publicly-Listed Companies 18.55x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of DRDGOLD.

DB:DUB1 PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NYSE:DRD Share Price ÷ EPS (both in ZAR)

= 28.58 ÷ -1.88

-15.17x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DRDGOLD is loss making, we can't compare its value to the DE Metals and Mining industry average.
  • DRDGOLD is loss making, we can't compare the value of its earnings to the Germany market.
Price based on expected Growth
Does DRDGOLD's expected growth come at a high price?
Raw Data
DB:DUB1 PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -15.17x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts
35.4%per year
Europe Metals and Mining Industry PEG Ratio Median Figure of 58 Publicly-Listed Metals and Mining Companies 0.65x
Germany Market PEG Ratio Median Figure of 275 Publicly-Listed Companies 1.44x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for DRDGOLD, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on DRDGOLD's assets?
Raw Data
DB:DUB1 PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in ZAR ZAR37.35
NYSE:DRD Share Price * NYSE (2019-03-21) in USD $2
NYSE:DRD Share Price converted to ZAR reporting currency Exchange rate (USD/ ZAR) 14.291 ZAR28.58
Germany Metals and Mining Industry PB Ratio Median Figure of 8 Publicly-Listed Metals and Mining Companies 2.8x
Germany Market PB Ratio Median Figure of 571 Publicly-Listed Companies 1.79x
DB:DUB1 PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NYSE:DRD Share Price ÷ Book Value per Share (both in ZAR)

= 28.58 ÷ 37.35

0.77x

* Primary Listing of DRDGOLD.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • DRDGOLD is good value based on assets compared to the DE Metals and Mining industry average.
X
Value checks
We assess DRDGOLD's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Metals and Mining industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Metals and Mining industry average (and greater than 0)? (1 check)
  5. DRDGOLD has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is DRDGOLD expected to perform in the next 1 to 3 years based on estimates from 1 analyst?

  • No analysts cover DRDGOLD, future earnings growth has been estimated based on fundamentals.
The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
35.4%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is DRDGOLD expected to grow at an attractive rate?
  • DRDGOLD's earnings growth is expected to exceed the low risk savings rate of 0.2%.
Growth vs Market Checks
  • DRDGOLD's earnings growth is expected to exceed the Germany market average.
  • DRDGOLD's revenue growth is expected to exceed the Germany market average.
Annual Growth Rates Comparison
Raw Data
DB:DUB1 Future Growth Rates Data Sources
Data Point Source Value (per year)
DB:DUB1 Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 1 Analysts 35.4%
DB:DUB1 Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 1 Analysts 21.2%
Germany Metals and Mining Industry Earnings Growth Rate Market Cap Weighted Average 34.4%
Europe Metals and Mining Industry Revenue Growth Rate Market Cap Weighted Average 0.9%
Germany Market Earnings Growth Rate Market Cap Weighted Average 11.4%
Germany Market Revenue Growth Rate Market Cap Weighted Average 5.7%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
DB:DUB1 Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
All numbers in ZAR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
DB:DUB1 Future Estimates Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2021-06-30 4,105 1
2020-06-30 3,995 1
2019-06-30 2,774 1
DB:DUB1 Past Financials Data
Date (Data in ZAR Millions) Revenue Cash Flow Net Income *
2018-12-31 2,488 73 -100
2018-09-30 2,489 153 -47
2018-06-30 2,490 234 7
2018-03-31 2,448 201 39
2017-12-31 2,406 168 72
2017-09-30 2,373 110 43
2017-06-30 2,340 52 14
2017-03-31 2,416 219 30
2016-12-31 2,491 386 47
2016-09-30 2,462 401 54
2016-06-30 2,433 416 62
2016-03-31 2,342 316 100

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • DRDGOLD's earnings are expected to grow significantly at over 20% yearly.
  • DRDGOLD's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
DB:DUB1 Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (2 months ago) See Below
Future Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below

All data from DRDGOLD Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DUB1 Future Estimates Data
Date (Data in ZAR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2021-06-30
2020-06-30
2019-06-30
DB:DUB1 Past Financials Data
Date (Data in ZAR Millions) EPS *
2018-12-31 -1.88
2018-09-30 -0.98
2018-06-30 0.15
2018-03-31 0.93
2017-12-31 1.70
2017-09-30 1.01
2017-06-30 0.32
2017-03-31 0.71
2016-12-31 1.10
2016-09-30 1.28
2016-06-30 1.47
2016-03-31 2.37

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • DRDGOLD is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
X
Future performance checks
We assess DRDGOLD's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Germany market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Europe market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
DRDGOLD has a total score of 5/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has DRDGOLD performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare DRDGOLD's growth in the last year to its industry (Metals and Mining).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • DRDGOLD does not make a profit even though their year on year earnings growth rate was positive over the past 5 years.
  • Unable to compare DRDGOLD's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare DRDGOLD's 1-year growth to the DE Metals and Mining industry average as it is not currently profitable.
Earnings and Revenue History
DRDGOLD's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from DRDGOLD Company Filings, last reported 2 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

DB:DUB1 Past Revenue, Cash Flow and Net Income Data
Date (Data in ZAR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 2,488.10 -100.30 76.30
2018-09-30 2,489.25 -46.90 70.10
2018-06-30 2,490.40 6.50 63.90
2018-03-31 2,448.15 39.05 54.85
2017-12-31 2,405.90 71.60 45.80
2017-09-30 2,372.90 42.65 52.60
2017-06-30 2,339.90 13.70 59.40
2017-03-31 2,415.60 30.10 81.40
2016-12-31 2,491.30 46.50 103.40
2016-09-30 2,462.20 54.20 95.30
2016-06-30 2,433.10 61.90 87.20
2016-03-31 2,342.15 100.00 93.05
2015-12-31 2,220.40 88.21 65.06
2015-09-30 2,142.10 80.16 53.61
2015-06-30 2,105.30 67.80 69.40
2015-03-31 1,992.43 3.99 54.02
2014-12-31 1,890.33 -30.31 55.02
2014-09-30 1,853.90 -33.50 70.40
2014-06-30 1,809.43 -45.81 78.12
2014-03-31 1,800.10 -226.28 46.15
2013-12-31 1,903.70 -139.98 60.55
2013-09-30 2,033.70 -35.01 85.77
2013-06-30 2,076.50 49.42 64.55
2013-03-31 2,031.89 336.40 100.12
2012-12-31 1,959.19 317.30 103.82
2012-09-30 1,841.39 261.70 102.92
2012-06-30 1,764.19 202.94 122.67
2012-03-31 1,715.26 119.47 124.21

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if DRDGOLD has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if DRDGOLD has efficiently used its assets last year compared to the DE Metals and Mining industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if DRDGOLD improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess DRDGOLD's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Metals and Mining industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
DRDGOLD has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is DRDGOLD's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up DRDGOLD's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • DRDGOLD is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • DRDGOLD's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of DRDGOLD's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Debt is covered by short term assets, assets are 3.2x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from DRDGOLD Company Filings, last reported 2 months ago.

DB:DUB1 Past Debt and Equity Data
Date (Data in ZAR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 2,566.20 186.20 209.40
2018-09-30 2,566.20 186.20 209.40
2018-06-30 1,267.30 14.70 302.10
2018-03-31 1,267.30 14.70 302.10
2017-12-31 1,344.40 15.50 294.60
2017-09-30 1,344.40 15.50 294.60
2017-06-30 1,302.40 16.80 253.70
2017-03-31 1,302.40 16.80 253.70
2016-12-31 1,294.70 18.10 290.30
2016-09-30 1,294.70 18.10 290.30
2016-06-30 1,339.60 19.20 351.80
2016-03-31 1,339.60 19.20 351.80
2015-12-31 1,507.70 20.20 253.80
2015-09-30 1,507.70 20.20 253.80
2015-06-30 1,529.93 44.26 324.38
2015-03-31 1,499.40 99.10 286.00
2014-12-31 1,471.00 99.80 242.30
2014-09-30 1,469.90 77.50 204.30
2014-06-30 1,481.21 148.70 208.93
2014-03-31 1,533.80 148.00 206.70
2013-12-31 1,566.50 147.90 199.40
2013-09-30 1,575.70 167.90 331.30
2013-06-30 1,643.67 167.63 376.65
2013-03-31 1,765.80 169.70 410.30
2012-12-31 1,755.20 168.40 398.40
2012-09-30 1,657.60 196.80 409.90
2012-06-30 1,633.92 30.69 298.51
2012-03-31 1,482.70 30.60 379.80
  • DRDGOLD's level of debt (7.3%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (9.4% vs 7.3% today).
  • Debt is well covered by operating cash flow (39.1%, greater than 20% of total debt).
  • DRDGOLD is making a loss, therefore interest payments are not well covered by earnings.
X
Financial health checks
We assess DRDGOLD's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. DRDGOLD has a total score of 4/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is DRDGOLD's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
3.5%
Current annual income from DRDGOLD dividends.
If you bought €2,000 of DRDGOLD shares you are expected to receive €70 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • DRDGOLD's pays a higher dividend yield than the bottom 25% of dividend payers in Germany (1.5%).
  • DRDGOLD's dividend is below the markets top 25% of dividend payers in Germany (3.84%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
DB:DUB1 Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 1 Analyst Estimates (S&P Global) See Below
Germany Metals and Mining Industry Average Dividend Yield Market Cap Weighted Average of 5 Stocks 2%
Germany Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.1%
Germany Minimum Threshold Dividend Yield 10th Percentile 0.8%
Germany Bottom 25% Dividend Yield 25th Percentile 1.5%
Germany Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

DB:DUB1 Future Dividends Estimate Data
Date (Data in ZAR) Dividend per Share (annual) Avg. No. Analysts
2021-06-30
2020-06-30
2019-06-30
DB:DUB1 Past Annualized Dividends Data
Date (Data in ZAR) Dividend per share (annual) Avg. Yield (%)
2018-02-15 1.000 3.118
2017-10-31 0.500 1.217
2017-09-05 0.500 0.996
2016-09-30 6.200 11.199
2016-08-30 6.200 8.476
2016-04-29 5.000 5.546
2016-02-16 2.400 4.040
2015-09-30 1.000 3.851
2015-09-01 1.000 5.336
2014-09-02 0.200 0.899
2014-05-14 0.000 0.000
2014-02-11 0.000 0.000
2013-10-25 2.800 6.612
2013-09-30 2.800 5.233
2013-08-23 2.800 4.782
2013-04-25 2.800 5.010
2013-02-12 2.800 4.241
2012-08-28 1.000 1.624
2011-08-29 0.750 1.499
2010-08-26 0.500 1.484
2009-08-21 0.500 1.229
2009-03-23 1.000 1.483

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • No dividend growth in 10 years.
Current Payout to shareholders
What portion of DRDGOLD's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess DRDGOLD's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can DRDGOLD afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. DRDGOLD has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of DRDGOLD's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Niel Pretorius
COMPENSATION ZAR10,801,000
AGE 51
TENURE AS CEO 10.2 years
CEO Bio

Mr. Daniël Johannes Pretorius, also known as Niel, B.Proc., LLB has been the Chief Executive Officer of DRDGOLD Ltd. since January 1, 2009. Mr. Pretorius served as the Chief Executive Officer of Ergo Mining Operations (Proprietary) Limited at DRDGOLD Ltd. since July 1, 2006. He served as a General Manager of Corporate Services for DRDGOLD of DRDGOLD Ltd. since January 17, 2006. He served as Group Legal Counsel of Drdgold Ltd. since February 2004. Mr. Pretorius is an Attorney admitted in the High Court of South Africa. He served as Legal Advisor of Durban Roodepoort Deep Ltd. since May 2003. He has over 13 years experience in the mining industry. He has been present through the re-focus of DRDGold's strategic plan at core South African operations. Mr. Pretorius has seen significant increases in resources at DRDGold's East Rand Refinery Mines Limited's (ERPM) operations, further granted prospecting rights at their ERPM operations, encouraging uranium exploratory results at the Blyvoor mine, improved efficiencies at their Crown Gold Recoveries surface retreatment operation and implemented two strategic joint ventures with ASX-listed Mintails Limited. He serves as a Director of South African Operations (Pty) Limited. hitch were in private practice. Mr. Pretorius has been a Director of Ergo Mining Operations (Proprietary) Limited since January 2006 and has been an Executive Director of DRDGOLD Ltd. since August 21, 2006. He has been an Independent Non Executive Director of West Wits Mining Limited since August 1, 2007. He has been a Director of Rand Refinery Limited since January 2005.

CEO Compensation
  • Niel's compensation has increased whilst company is loss making.
  • Niel's remuneration is higher than average for companies of similar size in Germany.
Management Team Tenure

Average tenure and age of the DRDGOLD management team in years:

5.1
Average Tenure
46.5
Average Age
  • The average tenure for the DRDGOLD management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Niel Pretorius

TITLE
CEO & Executive Director
COMPENSATION
ZAR11M
AGE
51
TENURE
10.2 yrs

Riaan Davel

TITLE
CFO & Executive Director
COMPENSATION
ZAR6M
AGE
42
TENURE
4.2 yrs

Reneiloe Masemene

TITLE
Group Legal Counsel
COMPENSATION
ZAR3M
AGE
38
TENURE
4.6 yrs

Jaco Schoeman

TITLE
Operations Director of Ergo Mining Operations Proprietary Limited
COMPENSATION
ZAR6M
AGE
44
TENURE
4.7 yrs

Francois Bouwer

TITLE
Group Financial Accountant

Henry Gouws

TITLE
Managing Director of Ergo Mining Operations Proprietary Limited
AGE
49
TENURE
7.4 yrs

Kevin Kruger

TITLE
Technical Director of Ergo
AGE
50
TENURE
5.5 yrs

Leonie Marupen

TITLE
Assistant Company Secretary
Board of Directors Tenure

Average tenure and age of the DRDGOLD board of directors in years:

4.2
Average Tenure
52
Average Age
  • The tenure for the DRDGOLD board of directors is about average.
Board of Directors

Geoff Campbell

TITLE
Independent Non-Executive Chairman
COMPENSATION
ZAR1M
AGE
57
TENURE
13.2 yrs

Niel Pretorius

TITLE
CEO & Executive Director
COMPENSATION
ZAR11M
AGE
51
TENURE
10.6 yrs

Riaan Davel

TITLE
CFO & Executive Director
COMPENSATION
ZAR6M
AGE
42
TENURE
4.2 yrs

Thulo Moletsane

TITLE
Chairman of ERGO Mining Operations (Proprietary) Limited
AGE
49

Johan Holtzhausen

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR718K
AGE
72
TENURE
4.9 yrs

Edmund Jeneker

TITLE
Lead Independent Non-Executive Director
COMPENSATION
ZAR805K
AGE
56
TENURE
1.6 yrs

Toko Victoria Buyiswa Mnyango

TITLE
Independent Non-Executive Director
COMPENSATION
ZAR651K
AGE
53
TENURE
2.3 yrs

Jean Nel

TITLE
Non-Executive Director
AGE
46
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • More shares have been bought than sold by DRDGOLD insiders in the past 3 months, but not in substantial volumes.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (€) Value (€)
19. Mar 19 Buy Daniël Pretorius Individual 19. Mar 19 19. Mar 19 5,000 €0.17 €854
14. Feb 19 Buy Daniël Pretorius Individual 14. Feb 19 14. Feb 19 3,000 €0.19 €577
11. Dec 18 Buy Daniël Pretorius Individual 10. Dec 18 10. Dec 18 5,000 €0.19 €946
04. Dec 18 Buy Daniël Pretorius Individual 03. Dec 18 03. Dec 18 10,000 €0.19 €1,911
10. Oct 18 Buy Daniël Pretorius Individual 09. Oct 18 09. Oct 18 5,000 €0.20 €1,006
25. Sep 18 Buy Daniël Pretorius Individual 21. Sep 18 21. Sep 18 10,000 €0.16 €1,633
21. Sep 18 Buy Daniël Pretorius Individual 20. Sep 18 20. Sep 18 10,000 €0.17 €1,710
18. Sep 18 Buy Daniël Pretorius Individual 17. Sep 18 17. Sep 18 5,000 €0.17 €861
11. Sep 18 Buy Daniël Pretorius Individual 10. Sep 18 10. Sep 18 5,500 €0.18 €962
27. Mar 18 Buy Daniël Pretorius Individual 26. Mar 18 26. Mar 18 5,000 €0.22 €1,091
X
Management checks
We assess DRDGOLD's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. DRDGOLD has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

DRDGOLD Limited, a gold mining company, engages in surface gold tailings retreatment business in South Africa. The company’s activities include exploration, extraction, processing, and smelting. It recovers gold from surface tailings in the central and western Witwatersrand basin in Gauteng province. The company was founded in 1895 and is headquartered in Rosebank, South Africa.

Details
Name: DRDGOLD Limited
DUB1
Exchange: DB
Founded: 1895
$116,271,810
68,706,869
Website: http://www.drdgold.com
Address: DRDGOLD Limited
North Tower,
2nd Floor,
Rosebank,
Gauteng, 2196,
South Africa
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NYSE DRD SPON ADR REPSTG New York Stock Exchange US USD 06. Jan 1975
DB DUBA SPON ADR REPSTG Deutsche Boerse AG DE EUR 06. Jan 1975
BMV DRD N SPON ADR REPSTG Bolsa Mexicana de Valores MX MXN 06. Jan 1975
JSE DRD Ordinary Shares The Johannesburg Securities Exchange ZA ZAR 16. Dec 1996
OTCPK DRDG.F Ordinary Shares Pink Sheets LLC US USD 16. Dec 1996
DB DUB1 Ordinary Shares Deutsche Boerse AG DE EUR 16. Dec 1996
Number of employees
Current staff
Staff numbers
850
DRDGOLD employees.
Industry
Gold
Materials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/03/21 21:57
End of day share price update: 2019/03/21 00:00
Last estimates confirmation: 2019/03/08
Last earnings filing: 2019/02/13
Last earnings reported: 2018/12/31
Last annual earnings reported: 2018/06/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.